CSIMarket
 


Northern Oil And Gas Inc   (NOG)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

Northern Oil And Gas Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Northern Oil And Gas Inc in the forth quarter 2023?
Northern Oil And Gas Inc achieved a return on average equity (ROE) of 62.37 % in its forth quarter 2023, this is above NOG's average return on equity of 2.24%.
Northern Oil And Gas Inc shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $1,480 million

ROE has advanced compared to 57.99% in the third quarter 2023, due to net income growth.

Within the Oil And Gas Production industry 3 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 55 to 58.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 174.76 % 98.53 % 827.48 % - -
Y / Y Net Income Change 187.47 % -95.52 % -33.21 % - -22.59 %
Net Income (TTM) in Millions 923 669 1,227 1,310 763
Return On Equity (TTM) 62.37 % 57.99 % 125.23 % 197.39 % 194.29 %
NOG's Total Ranking # 58 # 55 # 64 # 39 # 23
Equity (TTM) in Millions 2,048 1,408 1,416 1,048 745
Seq. Equity Change 45.45 % -0.57 % 35.09 % 40.63 % 5.1 %
Seq. Net Income Change 1389.23 % -84.44 % -50.67 % 151.5 % -76.82 %

Return On Equity Company Ranking
Within: No.
Industry # 4
Sector # 6
Overall # 58

Return On Equity Statistics
High Average Low
530.94 %
2.24 %
-638.82 %
(Jun 30 2022)   (Dec. 30, 2015)





NOG Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 2,048 745 215 -223 559
Y / Y Equity Change 174.76 % 246.42 % - - 29.96 %
Net Income in Millions 923 763 6 -906 -76
Y / Y Net Income Change 20.9 % 11901.79 % - - -
Return On Equity 45.07 % 102.44 % 2.96 % - -13.66 %





Annual Roe Comment
In 2023 ROE fell to 45.07 %, despite net income growth.


More Return On Equity Ratios
Oil And Gas Production Industry Roe Trends and Statistics
Energy Sector Return On Equity Statistics
NOG's' Return on Equity at Yahoo Finance
NOG's Roe Ratio versus Oil And Gas Production Industry, Energy Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for NOG's Competitors
Return On Equity for Northern Oil And Gas Inc 's Suppliers
Roe for NOG's Customers




Companies with similar Return On Equity at Dec 31 2023, within Energy Sector ROE
Amplify Energy Corp   104.05 %
Cvr Energy inc  85.74 %
Gulfport Energy Corp  73.60 %
Par Pacific Holdings Inc   69.16 %
Northern Oil And Gas Inc   62.37 %
Valaris Limited  59.62 %
W and t Offshore inc   51.65 %
Klx Energy Services Holdings Inc   49.93 %
Consol Energy Inc   49.80 %
Chord Energy Corporation  48.23 %
Alpha Metallurgical Resources Inc   46.23 %
Texas Pacific Land Corporation  43.57 %
Cnx Resources Corporation  43.37 %
Vital Energy inc   37.64 %
Enerplus Corporation  37.16 %
Marathon Petroleum Corporation  35.29 %
Pbf Energy Inc   34.67 %
Valero Energy Corp  32.78 %
Liberty Energy Inc   32.28 %
Arch Resources inc   32.20 %
Halliburton Company  29.75 %
Riley Exploration Permian Inc   28.67 %
Eog Resources Inc   28.24 %
Warrior Met Coal Inc   27.91 %
Omega Flex Inc   27.25 %
California Resources Corp  26.63 %
Southwestern Energy Company  24.75 %
Magnolia Oil and Gas Corp  24.23 %
Sm Energy Co  24.15 %
Ramaco Resources Inc   23.58 %


Date modified: 2024-02-24T16:13:50+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com